Its better to now save up your money and later on invest when the price is lower, it will maybe be a task but after all it will be worth the patience.
Just hold your breath a couple months and wait on a good buy price.
Remember when we talk about investment, it is not just bitcoin. there are a lot of investment out there. You should put your money on different investments like mutual fund, stocks, etc. If bitcoin price is high, then look for other investments so you can put your money to work immediately. The earlier you invest your money, the more money it can make. |
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just for have fun and for use relax time i think
Yeah some of us really use gambling to make themselves entertain and not to get bored. But if they see gambling as money making it is also fun if you can win often but if not, it can cause you bad outcome at the end of your game. Whatever benefit you can get from gambling, I think there will always be a bad side on it which is losing, and there's nothing funny in it... There are ways to relax without wasting money and if you want to recreate using your money you could buy your self something that you want and use it the whole day during your day offs...  But some of us really want to satisfy our wants and other people really wants to gamble and my suggestions for those who really wants to gamble is just to use what you can afford to lose. That is a simple way that you can play gambling if you wanted. The problem with most of us is we want to have fun in gambling the same way of making money also, sometimes that will lead to addiction as instead of just gambling for fun we shifted our goal and interest of the profit we can win, and with the fact that gambling house has an advantage we will really lose. We cannot take away the goal of making money from gambling. That is the actual reason why we risk our money in gambling. The fun comes from the thrill that gambling provides during the process. And that fun actually is really addicting. So if you are having fun while gambling, most likely you will be addicted soon. |
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Gambling is not wrong, but actually the approach of people towards gambling is totally wrong. They seek gambling as a business and think they will make money with it, while the truth is that gambling is just meant to be fun and if you take gambling too seriously you will loose a lot.
Gambling is good and profitable as a business if you are the house or owner of the website. There are a lot of gamblers out there who are addicted to gambling so if you have a good advertising, your site will surely be packed with gamblers. But as a gambler, it is hard to earn from it. And if you got addicted to it, it will cause you a lot of bad things. |
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Saving money can be done in many ways but best is to jsut check where most of your money goes to and then try to cut the expenses that are not needed.
Just spend the money you have to spend and safe most of the rest which is left.
I do it the other way around. I set an amount I want to save. Every payday, I take that amount from my pay and save it somewhere. Then I live with what is left. If that amount is not enough, I check my expenses and remove all unnecessary expenses that I have. If that is not yet enough, then I know that I need more income or another source of income so I can survive until next payday. |
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There are some who say that those who spend too much time on the internet or too much time on their cell phones are sick also. It seems like everything can be considered a sickness now days....If one is too lazy one is dysfunctional....If one works too hard, one is a workaholic....too messy is a hoarder, too organized is obsessive compulsive....sad people have depression.....giddy people have anxiety....what's not a sickness?
Everything that is excessive is bad and should be considered as a sickness. Whether it is overeating, over dieting or excessive gambling, it is all the same bad. Gambling may not be bad, but if you are over doing it and it already have bad effects in your life, then it can be considered as a sickness. |
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Bank and BTC wallet,there's room for cash and BTC,it all depends on your preferences but I think they have their place and you have to have either of them,I think that's neccessary and it will be somewhat delusional to think it isn't like that
We are still living in a time where fiat is still what majority use. Bitcoin is our option if we want to have a savings and an investment in one. You are right and it does not hurt to have both. At least you can have the best of both worlds. If someday bitcoins is widely adopted and you can spend it easily as fiat, then you can chose to put all your money in bitcoin. |
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Gambling doesnt make me cry but it makes me sad when i am losing everything i deposit. But that was in the past when i was still playing dice but now in sports bet even i lose it doesn't matter to me because i am enjoying watching my favorite team plays while i have bet on them, so win or lose i am still happy.
Good move, shifting from dice to sports betting, atleast by that you are watching your favorite player/s playing while waiting for the result, it's more like a recreation when you do it that way... Sooner or later I think you are nearing quitting gambling.. You started to feel boring in gambling,it's a sign that you are into something else or your attention is already into something else... That is a good point. Gambling will add spice to you watching your favorite sports. For you it is considered as a form of entertainment and not a source of income. But if you are considering gambling as a source of income, then you will surely cry a lot when you lose. |
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It is not wrong in any way i know, unless you're addicted. If you are addicted, everything changes and then it becomes wrong, but i don't think that you would get addicted
Gambling is addictive by nature but it can be controlled when a person who gamble are a responsible person, therefore if we do not want to ruin our life in gambling and blame gambling in the end to be wrong, then we should learn that gambling is only for entertainment and nothing else. Or just avoid gambling at all. If you have very little self control and the type of person that can get addicted easily, it is better not to get involved in gambling at the first place. For fun or not, avoid it so that you will not have gambling problem in the future. |
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To save money, you need to have a list of all your possible expenses and then whatever amount you are receiving as income then you can budget it. First thing to do upon receiving it is to save a portion of it because in this way, you are already secure that you have saved money because if you spend it in your expenses first then chances are that there will be nothing anymore left in your earnings to go to your bank account as savings.Savings first before expenses not expenses first before savings.Pay yourself first.
Making a list of expenses is good and should be done by everyone willing to save something but saving first after receiving the amount is not the right thing, but to buy the important things first would be better, and then save whatever remains. That's actually right, we need to know what to priorize especially when you are not earning that big, our main goal should be to save and we know for the fact that saving is not easy because it requires a lot of discipline, we should be willing to sacrifice our temporary happiness to succeed in saving. It will be harder to save that way. It is still better to set the amount you want to save first, and the rest of your salary, you budget to fit your needs. If you have small salary, then set your savings to small amount first. If your money is not enough, you will be forced to find new source income. The reason people fail in saving is because they always choose the easy way. If they are in a tight position in their budget, they sacrifice their savings. That is why nothing is saved. But if you saved first, you will have no choice but to create more income. |
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Invest only, and avoid gambling not matter how much you feel lucky that day, investing is risky but not as risky as gambling is, even if you will earn less than from gambling
If your aim is to only earn amount then you can apply that "invest only" but sometimes people wants to experience some thrills and excitement which you can't find at investing on a company so gambling sometimes with spending the amount you can afford is also good to release stress. you have a point playing gambling is not bad at all because people do seek for leisure times after a long day of hard work and we must treat ourselves on it but we must limit our selves on playing gambling in able we wont be addicted into it. Investments are much better. If we can limit ourselves on gambling to just relieve stress then it can be good. But sometimes, our competitiveness kicks in and if we lose, we will try more to win. So we lose control and become addicted to gambling. Not everyone is like this, so those who can control it, can gamble and avoid being addicted. For me, if I wanted to be addicted on something, it would be investing and trading. This two is more profitable than gambling. |
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“That man is the richest whose pleasures are the cheapest. ” ― Henry David Thoreau Today i will walk on the beach with the GF, eat good food and all it will cost me is a car journey and a trip to supermarket. That only applies on emotional status of someone, but the topic is about monetary richness which is only possible to be gained by working, and with bitcoin that work can be done by trading or running a gambling site or something similar, other methods wont make it possible to make you rich. actually the point of people seeking wealth is to get the pleasures nor only gaining money,even if you only having low monthly salary but if your life are happy,all your needs can be fulfilled,and be grateful for everything that you get from when you was born,i can consider you as a "rich" person I hope it was that easy. But we are living in a materialistic world. When your love ones get sick, you'll need money to cure them. Almost everything is run by money. So getting rich does not just provide you pleasure but a sense of security as well. That is why there is so many people wanted to be rich. |
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if there's an opportunity, why not? Because this is the example for the improvement and how great the bitcoin help the country. But it will take a long time for that. Maybe soon, if the bitcoin is stable.
i have heard this is already a reality with https://www.bitwage.com/ haven't tired them but i think few companies are already paying their remote employ via this in bitcoin. I think it is no wonder that companies or sites related to bitcoin give salaries to their employees using bitcoin. because they do business with bitcoin, I would be amazed if their company is not related to bitcoin but they pay their employees using bitcoin Exactly and we can expect that only IT companies will prefer to pay their employees in bitcoins but we cannot expect that all companies will follow the same procedure. Not really because if businesses will be fully educated on bitcoin they will surely use this as a payment method because it can give benefits to them to make the work faster, and if they have more employees in different part of the world it could be helpful to them. I think so too. If bitcoin becomes a bit stable, the first one to adopt bitcoin as payment for salary would be international companies outsourcing their work. They can save a lot if they pay their employees in bitcoin. Others will follow as well. But that can only happen if bitcoin becomes a little bit more stable. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think the best way you should start with savings, once there is enough savings then start investing in some short term and long term investments. Investing small from the start could give you better returns in future rather than just waiting for savings. You might save some part of your total earnings and invest some in things you prefer to turn out good investment. For those investments that do not require large capital, you can invest right away. But most investments need quite a capital. And if you do not have a large salary, you need to save first. Anyway, you need to do both to have a good financial status. |
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I think that there is no well-defined formulas, if there were everyone would be rich. But I'm sure that the first step is manage yourself financially. It is required to be completely aware of your own money and, of course, where your money is going.
Yes and you cannot depend only on single source of income to get rich in future, you need to find multiple ways of earning it which can increase your financial wealth over a period of time. I think more work in order to earn a larger income serves to increase the speed of you to be rich. but if you can only do one job only is it not a problem? but the time required would be much longer. because you're just relying on one income alone The only thing that makes me realize is that I cannot be rich when I will be just an employee for the rest of my life. I need to have my own business and used my skills than letting others rent it for their success, I need to take the risk and I am working hard now to be able to risk a capital to start a business soon. being an employee limits your capacity to become rich but it is a good starting point to save money. Save as much as you can and when you have enough capital to start a business then do so. But do not quit immediately your job. Having a job and a business makes your journey to become rich faster. |
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I see there is so many people trying hard to stop gambling their money because they've losing so much
If you not ready to lose your money, then don't even try to gamble!
Yes i am trying hard also i cant stop my self if im making profit in gambling website but it is okay for me that im lose because before that happens i always save money or withdraw my profit and save money then play again thats it the same for me, if i start winning money then i cannot stop playing there as i want to make more and more profit Dont be greedy mate, please control yourself, be a smart player. if you already get a profit, you know when time to stop. Do not think of stopping only when you win but the most crucial decision here is when are you going to stop when you are losing, that is the major problem of some of the gamblers because they cannot control themselves and they would not stop losing big. That is right. There should be a limit in the amount you will win or lose. That way you will not lose big and you will not be prone to addiction too. Some people just hate to lose that they will spend all their wealth just to win or breakeven. But if you don't get the luck, you'll lose everything. But if you set a limit, you'll just comeback next time and try your luck again. |
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the more rich i would be, the more i would gamble  gambling is FUN. FUN for richies! This is true and the best way to approach gambling. You must only gamble for fun and not aiming for big profits because if you do the latter you will be having real hard time reaching that goal because of the casino house edge. If however, you are only playing for fun and only gamble money that you can afford to lose - whether you win or lost, you achieve your real reason why you gamble - entertainment. I am also agreed with this gambling is not to get rich because it is a way to have fun, gambling have a lot of fun and entertainment so we were than that is nice way to have fun with some amount, with huge bankroll it is easy to get recover so quickly.Even with a huge bankroll, if your do not have a good luck, you will end up losing. There are rich people who think that way and they all end up losing and bankrupt. It is not bad to gamble but it should only be done sparingly. The richer you are, the more you will gamble is a very bad idea. |
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Saving money is not that hard but it can be hard when you do not make much money then it looks like saving money doesn't really works out. But even when you cannot put much money on the side it is still smart to do that.
of course it is not hard at all you should just not spend it and thats it it is as simple as that in my opinion Easy for you to say. Maybe you do not have any responsibility yet but yourself. How could you not spend if you have a family to feed or a child to send to school. Will let you starve them to death just to have something to save? Not everyone is rich or have a large salary. If you have a family to support, saving will be a challenge. So while you are still single, save as much as you can and start investing. |
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Do you always missed the right time to sell or buy bitcoin?
I believe that most of us here hold the bitcoin for undefined time and we decide to sell when the price is the highest as possible but now always this happen because when the price reaches for example 600 we know that it is a high price but we still wait for another target like 620 or 650 because we believe that this is the potential for this time and we end up by not selling them but holding longer. During my early days, I am just like that. I see a price going up and I would think it might still go up and wait. But then the price would reverse and I will miss the opportunity. But now, to avoid missing the opportunity, I set my goals. So if I bought at 500, I'll set it to sell at 550. If it reach that price, I will sell it automatically. Even if the price goes higher than that, I will not care, I already bagged my profit. I will just wait for another buy time. |
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I think the logical answer would be to invest. But investing can also be quite risky, you need good parameters
and research when choosing the investment.
Yes it is risky but compared to gambling it's better, well research could be tedious but in the end if you make large profit it sure will pay off. Those risk you are mentioning can be minimized by a proper research and study of the market. Without doing your part, you cannot be successful in investing. But that cannot be said with gambling. No matter how you prepare for a gambling night, when you sit in the chair, all that matters is if you are lucky or not when you rolled the dice. |
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For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..
You consider trading as risky is because you never do the proper research. It is just like those non-investor keep telling their peers that investment is a scary thing and you cant gain from it. But everyone knows they need to invest in order to keep up with inflation. So do put in some effort to study the market and you will feel it is not as risky as you think. That is quite accurate. I also always hear that thing that investing is risky or should only be done by the rich. But the ones who are telling this are the ones who does not even experienced trading or invested on anything. It is like they just want to cast their fears on us. I also think that trading has its risk, but those risk can be minimized. While in gambling, there is no way you can minimize those risk. And besides, in gambling, the house have the bigger advantage so you are taking a bigger risk. |
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